Peter Roosenboom: SMEs need to innovate the way they finance themselves Monday, 24 March 2014
“SMEs would have to reinvent the way they handle their finance decisions.”
Small and medium enterprises are the engines of growth in an economy. But as the sector is characterised by stricter loan conditions, banks are reluctant to lend funds to SMEs. For many SMEs seeking finance, traditional borrowing methods aren’t suitable anymore. Professor Peter Roosenboom explains what alternative funding can provide more freedom to these businesses and help boost our economy as a whole.